Latest Update on NS and BNS::
NS has fallen from 10929.20 on 15/5/18 to 10631.15 today, where one may LONG with SL of 10600.
Another opportunity is to SHORT between 10780 t0 10815 with SL at 10870+.
10695 if crossed, would invite short-covering and one may look for Short near levels shown above.
Downside targets may be near 10550, 10450 and ultimately till 10150.
10695 if crossed, would invite short-covering and one may look for Short near levels shown above.
Downside targets may be near 10550, 10450 and ultimately till 10150.
BNS has fallen from 26972.05 on 15/5/18 to 25882.65, which looks vulnerable and may also lead NS on downside. 26030 if crossed will invite Short-covering and one may sell near above levels shown.
The opportunity may come to SHORT near 26425-26550, with SL 26750, for downside targets of 25580, 25200 and ultimately till 24120.
The trigger point may be outcome of court-drama about Karnataka elections and post-election developments. Ifs and Buts apply everywhere.